Founded in 2002 by three friends, Alex Reilley, 40, Jake Bishop, 40, and Dave Reid, 48, the firm operates 34 Lounges and six Cosy Clubs across England and Wales. Its venues are informal café bars and restaurant bars open all day where families, friends and locals can come in for a coffee, a drink, or something to eat in a relaxed environment. Rolling out 20 stores in the last two years has helped sales reach £22.1m in 2013. Piper Private Equity bought a significant minority stake in the firm for £16m last year, and Loungers plans to double the number of sites over the next three years.
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